Ethylene Butyl Acrylate Market, Industry Analysis Report with Price Trends, Share, Forecast 2017 - 2024
Rising demand from petrochemical based products and shifting preference for renewable materials will enhance the Ethylene butyl acrylate market.
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Rising demand from packaging and food & beverage applications particularly in China, India and Japan will drive the regional demand. Asia Pacific was the leading n-butanol market contributor accounting for more than 50% in 2015.
Increasing product usage in agricultural films and hot melt adhesives particularly in Latin America will drive the regional application scope. Latin America agricultural film industry will witness over 6% CAGR by 2024.
Global packaged food spending was worth over USD 2 trillion in 2015.
Rising health issues on exposure to product including eye irritation, abdominal pain, upper respiratory and skin tract are the restraining factors for the industry participants.
Asia Pacific ethylene butyl acrylate market will witness high gains in the forecast timeframe. Rising demand from packaging and food & beverage applications particularly in China, India and Japan will drive the regional demand.
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DuPont provides EBA product under brand name Elvaloy AC. The product is used in process aiding and property enhancing in polyesters, it also supports softer foam production.
Global ethylene butyl acrylate market share is highly competitive. DuPont, Arkema, ExxonMobil, REPSOL, and LUCOBIT AG are the major industry participants.
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